Dengel Inc. is working on its cash budget for November. Thebudgeted beginning ca

Dengel Inc. is working on its cash budget for November. Thebudgeted beginning cash balance is $24000. Budgeted cash receiptstotal $177000 and budgeted cash disbursements total $167000. Thedesired ending cash balance is $50000.To attain its desired ending cash balance for November the companyneeds to borrow:AnswerA.$0B.$16000C.$50000D.$84000